Rigetti Good Will vs Accounts Payable Analysis
| RGTI Stock | USD 9.29 0.26 2.88% |
Rigetti Computing financial indicator trend analysis is much more than just breaking down Rigetti Computing prevalent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Rigetti Computing is a good investment. Please check the relationship between Rigetti Computing Good Will and its Accounts Payable accounts. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rigetti Computing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Rigetti Stock please use our How to Invest in Rigetti Computing guide.
Good Will vs Accounts Payable
Good Will vs Accounts Payable Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Rigetti Computing Good Will account and Accounts Payable. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Rigetti Computing's Good Will and Accounts Payable is -0.69. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Rigetti Computing, assuming nothing else is changed. The correlation between historical values of Rigetti Computing's Good Will and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Rigetti Computing are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Good Will i.e., Rigetti Computing's Good Will and Accounts Payable go up and down completely randomly.
Correlation Coefficient | -0.69 |
| Relationship Direction | Negative |
| Relationship Strength | Weak |
Good Will
An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.Accounts Payable
An accounting item on the balance sheet that represents Rigetti Computing obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Rigetti Computing are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most indicators from Rigetti Computing's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Rigetti Computing current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rigetti Computing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Rigetti Stock please use our How to Invest in Rigetti Computing guide.The Rigetti Computing's current Sales General And Administrative To Revenue is estimated to increase to 8.11, while Selling General Administrative is projected to decrease to under 25.7 M.
| 2022 | 2023 | 2024 | 2025 (projected) | Gross Profit | 10.2M | 9.2M | 10.6M | 5.7M | Total Revenue | 13.1M | 12.0M | 13.8M | 8.7M |
Rigetti Computing fundamental ratios Correlations
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Rigetti Computing Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Rigetti Computing fundamental ratios Accounts
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
| Total Assets | 49.7M | 46.4M | 203.4M | 159.9M | 183.9M | 107.1M | |
| Other Current Liab | 1.2M | (580.7K) | 4.7M | 4.3M | 5.0M | 3.2M | |
| Total Current Liabilities | 3.2M | 8.3M | 21.8M | 29.1M | 33.4M | 21.4M | |
| Total Stockholder Equity | (35.4M) | (71.5M) | 150.2M | 109.6M | 126.0M | 132.3M | |
| Property Plant And Equipment Net | 20.1M | 22.5M | 48.8M | 52.1M | 59.9M | 36.0M | |
| Current Deferred Revenue | 491.8K | 985.0K | 961K | 343K | 308.7K | 293.3K | |
| Net Debt | (22.2M) | 13.1M | (18.7M) | 9.2M | 8.3M | 8.7M | |
| Retained Earnings | (168.9M) | (207.1M) | (278.7M) | (353.8M) | (318.4M) | (334.3M) | |
| Accounts Payable | 1.1M | 2.0M | 1.9M | 5.8M | 6.6M | 7.0M | |
| Cash | 22.2M | 11.7M | 57.9M | 21.4M | 24.6M | 25.0M | |
| Non Current Assets Total | 26.0M | 28.4M | 49.0M | 52.2M | 60.1M | 39.9M | |
| Cash And Short Term Investments | 22.2M | 11.7M | 142.8M | 99.9M | 114.9M | 60.9M | |
| Net Receivables | 479.4K | 1.5M | 6.2M | 5.0M | 5.8M | 3.0M | |
| Common Stock Shares Outstanding | 43.1M | 18.2M | 102.3M | 132.0M | 151.8M | 90.1M | |
| Liabilities And Stockholders Equity | 49.7M | 46.4M | 203.4M | 159.9M | 183.9M | 107.1M | |
| Non Current Liabilities Total | 81.9M | 109.7M | 31.5M | 21.3M | 19.1M | 18.2M | |
| Other Current Assets | 1.0M | 4.8M | 5.4M | 2.7M | 3.1M | 3.3M | |
| Other Stockholder Equity | 133.4M | 79.1M | 429.0M | 463.1M | 532.6M | 559.2M | |
| Total Liab | 85.1M | 118.0M | 53.2M | 50.3M | 45.3M | 74.0M | |
| Total Current Assets | 23.7M | 18.1M | 154.5M | 107.7M | 123.8M | 67.2M | |
| Accumulated Other Comprehensive Income | 56.8K | 51.8K | (161K) | 244K | 280.6K | 294.6K | |
| Common Stock | 21.0 | 23.0 | 12K | 14K | 16.1K | 16.9K |
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When determining whether Rigetti Computing offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Rigetti Computing's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Rigetti Computing Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Rigetti Computing Stock:Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Rigetti Computing. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate. For more detail on how to invest in Rigetti Stock please use our How to Invest in Rigetti Computing guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Electronic Equipment, Instruments & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Rigetti Computing. If investors know Rigetti will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Rigetti Computing listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.37) | Revenue Per Share | Quarterly Revenue Growth (0.23) | Return On Assets | Return On Equity |
The market value of Rigetti Computing is measured differently than its book value, which is the value of Rigetti that is recorded on the company's balance sheet. Investors also form their own opinion of Rigetti Computing's value that differs from its market value or its book value, called intrinsic value, which is Rigetti Computing's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Rigetti Computing's market value can be influenced by many factors that don't directly affect Rigetti Computing's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Rigetti Computing's value and its price as these two are different measures arrived at by different means. Investors typically determine if Rigetti Computing is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Rigetti Computing's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.